Amendments aim to harmonize requirements with provincial registration rules
Changes intended to reduce regulatory costs for new and existing funds
Proposals to change mutual fund disclosure among this summer’s initiatives
MFDA proposed amendment would permit remuneration to be directed to unregistered corporations, provided that certain conditions are met
New rule would require dealers to deliver a basic "fund facts" document at, or before, clients buy a new fund
Regulators grant extension to MFDA
Rules would require investors receive clear, concise summary of key fund information
Firm submitted mutual fund breakpoint data it knew was inaccurate
Concerns that some registrants have raised about the lack of communication from SEC examiners also considered in GAO report
Rule strikes “the right balance between protecting investors, and fostering fair and efficient capital markets”